SEASONAL RENTAL: DEC 26 TO MAY Expansive Atlantic views & steps to Front Beach, design enthusiasts & beach lovers alike will delight in this renovated 5 bedroom Rockport village retreat. A short stroll to the extraordinary Shalin Liu Center & just steps to Bearskin Neck's restaurants & shops, this property is perfectly located for those seeking relaxing beach time, nature walks, cultural experiences and all Cape Ann has to offer. The home offers 3 floors of living, including bedrooms on each floor, making it well-suited for groups traveling together. The main floor offers extraordinary water views from the dramatic, cathedral ceilinged living room, complete w/ cozy fireplace & casual dining/game alcove. Lg space, perfect for big groups. Sip your morning coffee & watch lobstermen at work & sailboats cruising by. Perfect deck w/many seating areas & yard space & park next door. Can be rented for 1 month for $6k, 2 months for $4800/month, up to 4 months for 3800/month
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $3,040 | $3,040 | $3,040 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $20 | $20 | $26 |
Total Monthly Payment | $95 | $95 | $101 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.